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Rich Otto, former head of product launches at Tesla, said he resigned last week. The executive said the recent Tesla layoffs have thrown the company "out of balance." Otto's departure follows six other senior-level Tesla executives leaving in recent weeks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The recent layoffs that are rocking the company and its morale have thrown this harmony out of balance and it's hard to see the long-game.
Persons: Rich Otto, , Tesla, he'd, Otto, Elon Musk Organizations: Tesla, Service, LinkedIn
What we learned during the 2024 NFL Draft
  + stars: | 2024-04-28 | by ( George Ramsay | ) edition.cnn.com   time to read: +7 min
CNN —The 2024 NFL Draft drew to a close on Saturday as 257 players were selected by teams from across the league, all hopeful of a bright career lying before them. The 137 selections between Thursday’s first round and Saturday’s fifth round set a record for the longest drought without a quarterback being picked in NFL Draft history. Other offensive players popularInterest in offensive players was high throughout the draft and it was an especially good few days for wide receivers and offensive linemen. Laiatu Latu was the first defensive pick of the NFL Draft. Irrelevant’Jaylen Key is announced as the final pick of the NFL Draft.
Persons: Caleb Williams, Roger Goodell, Gregory Shamus, Williams, Justin Fields, Jayden Daniels, North Carolina’s Drake Maye, , Michael Penix Jr, J.J, McCarthy, Bo Nix, Penix, Kirk Cousins, Dale Zanine, Reuters “, ” Cousins, Mike McCartney, Mike Garafolo, , Kirk, , Nix, Carolina’s Spencer Rattler, Thursday’s, Marvin Harrison Jr, Pro Football Hall of Famer Marvin Harrison, WRs, Jeff Lewis, Rome Odunze, Malik Nabers, Xavier Worthy, Patrick Mahomes, Kingsley Suamataia, ” Mahomes, Brett Veach, Oregon WR Troy Franklin, Latu, Laiatu Latu, Ruke Orhorhoro, Quinyon Mitchell, Iowa’s Cooper DeJean, Jalyx Hunt, “ It’s, Howie Roseman, Jeff Roberson, You’ve, Key, I’m, Brock Purdy, “ We’ve, Brock Organizations: CNN, Chicago Bears, USC, New York Jets, NFL, Bears, LSU, Washington, New England Patriots, North, Atlanta Falcons, Minnesota Vikings, Denver Broncos, Falcons, New Falcons, USA, Sports, Reuters, New, New Orleans Saints, ESPN, Pro Football Hall of Famer, Arizona Cardinals, Rome, New York Giants, Kansas City Chiefs, Texas WR, Chiefs, BYU, Oregon WR, Ducks, Indianapolis Colts, UCLA, ESPN –, Clemson, Philadelphia Eagles, Houston, ” Eagles, Alabama, Jets, San Francisco 49ers, Super Bowl Locations: Detroit, Nashville, Alabama, New Orleans, Texas, Oregon, Toledo, California
Instead, he was told he was being laid off, effective immediately, due to a restructuring. The effects of 'money trauma'I recently learned about a concept called "money trauma," which is a psychological response to a distressing experience that affects your personal finances, consequently transferring into your relationships and health. Advertisement"In your body and mind, it creates these fight-or-flight responses," Game told me. Advertisement"It impacts my confidence and the way I see myself compared to my peers," Collin told me. Each time we've dealt with a layoff, work has always been found again, and we truly believe this time won't be any different.
Persons: , Collin, kickstarted, he's, we're, I've, Kelsey Herbers Organizations: Service, Business, Starbucks, Connect, LinkedIn Locations: Charleston , South Carolina
"3 Body Problem" is a show about aliens — but before that, it's about a woman during the Cultural Revolution. AdvertisementNetflix's "3 Body Problem" is preoccupied with the far-flung reaches of the universe — but its moments of deep, historical specificity are where it thrives the most. BI spoke with the director about the pressure to authentically render Chinese history and virtual reality alike on screen. Ye Wenjie's father is beaten to death during a struggle session during the Cultural Revolution in "3 Body Problem." Derek Tsang on the "3 Body Problem" set with Jess Hong and camera operator Sean Savage.
Persons: Derek Tsang, Ye, Tsang, , Liu Cixin's, David Benioff, Weiss, Alexander Woo, Oscar, Yu Guming, Tseng, Maria Heras, Zine Tseng, Ye Wenjie, Dave, Dan, Alex, you've, she's, It's, Ed Miller, it's, David, they're, Jess Hong, Sean Savage, Jonathan Freeman, Jonathan, Jin Cheng, We've Organizations: Service, Hong, Cultural, Netflix Locations: Hong Kong, Ye Wenjie's, Ye, London, David, China, American
Welcome to Nvidia's super chip era
  + stars: | 2024-03-19 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Jensen Huang declared the start of the "super-chip" era on Monday. The Nvidia CEO ushered in a new phase for his sector by unveiling a new breed of chips to power AI. And promises to power AI models on the trillion-parameter scale instead of the multi-billion-parameter scale of models like Meta's Llama 2. — Pedro Domingos (@pmddomingos) March 18, 2024It indicates just how much more buzz Nvidia hopes to generate in its "super-chip" era. Huang is clear though that the "super-chip" era is here.
Persons: Jensen Huang, Mark Zuckerberg, Sam Altman, , George Lucas, Trevor Noah, Kendrick Lamar, ChatGPT, Huang, Lisa Su, It's, Blackwell, Michael Dell, Satya Nadella, Elon Musk, Larry Ellison, Andy Jassy, Altman, Zuckerberg, Pedro Domingos, Jensen, — Pedro Domingos Organizations: Nvidia, Service, Woodstock, ChatGPT, AMD, Big Tech, University of Washington Locations: San Jose, Santa Clara, Silicon Valley, @pmddomingos
China's exports to Mexico surged nearly 60% in January year-over-year, according to Xeneta. Mexico became America's top trade partner last year, overtaking China amid geopolitical tensions. The strong growth in trade between the two countries followed a 35% on-year jump in container volumes from China to Mexico. In 2022, China's exports to Mexico grew just 3.5% on-year. AdvertisementLast year, Mexico overtook China as America's top trade partner, according to data from the US Commerce Department.
Persons: , Peter Sand, Donald Trump Organizations: Service, Container Trades Statistics, Business, China, Trump, US Commerce Department Locations: Mexico, China
A family photo of the Princess of Wales has added fuel to the fire of a wild online conspiracy. The fiasco proves that trusting anything online has become a total nightmare in the AI age. AdvertisementHowever, concerns over the family image have had the opposite effect for an entirely understandable reason. AdvertisementOpenAI has attempted to introduce some form of digital watermarking for images generated by its AI tools, but studies indicate that most forms of marking out AI content are still rife with weaknesses. But in the age of AI, users also need to seek their own verification before trusting online content — something that's still easier said than done.
Persons: Princess, , Kate Middleton, Wales, Kate, Prince William, Princess Charlotte's, Prince, Princess of Wales, Queen Consort, Henry Ajder, Adjer, Ajder, OpenAI, Pope Francis Organizations: Service, Getty, Associated Press, Reuters, AFP, BI, Vatican Media Locations: Wales, Kensington
The Trump administration used delegated authorities under three trade laws to unilaterally levy tariffs without Congressional approval. The Trump administration tariffs kickstarted a shift in supply chain strategy which, according to Frank, became more well-developed by customers during Covid, when they contemplated moving factories and production out of China. He expects any increase in tariffs during a second Trump presidency to lead to a greater shift in trade from China to Mexico to avoid the tariffs. "If you charge tariffs to China, they're going to build ... their car plants here and they're going to employ our people," Trump said. S&P Global research shows that China's share of the imports of products covered by tariffs imposed by the Trump administration has dropped.
Persons: Donald Trump, Trump, Niki Frank, Frank, Beth Whited, they'd, Paul Brashier, Chris Rogers, Biden, Rogers, Jon Gold, John Taylor IV, Taylor, Peter Boockvar, Critics, it's, that's Organizations: United, Canada Trade, White, CNBC, Global, Trump, China, Biden, OF DHL, Union, Canadian Pacific, Canadian Pacific Kansas City, Union Pacific, ITS Logistics, P Global, Vietnam, National Retail Federation, Berlin Packaging, Trade, Bleakley Financial, ASEAN Locations: United States, Mexico, Canada, Washington , DC, U.S, OF DHL Asia, Long Beach , California, China, Union Pacific, Canadian Pacific Kansas, East, West, Vietnam, Malaysia, South Korea, CNBC Mexico, Europe, Thailand, Indonesia
New York CNN —Nvidia isn’t the only stock capturing the attention of AI enthusiasts these days. Nvidia closed above a $2 trillion market cap on March 1, joining an elite cohort including Apple and Microsoft. Supermicro’s stock gained even more momentum in January, after the company reported second-quarter results that blew past expectations and raised its full-year revenue forecast. Supermicro’s stock was one of the most popular names bought by Charles Schwab clients in February, according to the firm’s latest trading activity index. New York Community Bank gets $1 billion ‘lifeline’Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment, reports my colleague Elisabeth Buchwald.
Persons: Charles Schwab, ChatGPT, , , Supermicro, Wells Fargo, Goldman Sachs, Elisabeth Buchwald, Steven Mnuchin’s, NYCB, ” David Chiaverini, Joseph Otting, Alessandro DiNello, DiNello, Read, Jeremy Hunt, Hanna Ziady, Hunt, ” Hunt, Rishi Sunak’s Organizations: CNN Business, Bell, New York CNN, Nvidia, Apple, Microsoft, Micro, Devices, Federal Reserve, Victoria Bills, Banrion Capital Management, Bank of America, Goldman, New York Community Bank, New, Community Bank, Liberty Strategic Capital, Citadel Global, Street Journal, Wedbush Securities, CNN, Bank of England, International Monetary Fund, Hunt’s Conservative Party, Labour Party Locations: New York, San Jose, United States, Hudson Bay, NYCB
Google just can't seem to catch a break
  + stars: | 2024-02-23 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
The search giant announced a major upgrade to its AI model Gemini. Google under fireGoogle's big problem came after Gemini users started to report problems this week with its image-generation feature. For Google, the moment is one that casts a shadow over real advances it has made in AI to keep it neck-and-neck with competitors. In part, it's because the Gemini image generation blunder really is as bad as people say. Google CEO Sundar Pichai has previously said he feels "very comfortable" about where the company is with its AI mission.
Persons: , Gemma, Gemini, Elon, Musk, Nathan Lambert, OpenAI's, haven't, It's, Sundar Pichai Organizations: Service, Microsoft, Business, Google, Gemini, Allen Institute, AI
Dr. Joseph Maroon is an 83-year-old practicing neurosurgeon and triathlete, who got fit in his 40s. He has made many changes to improve his longevity and health, aside from eating well and exercising. AdvertisementAn 83-year-old doctor and triathlete who got fit and healthy in his 40s told Business Insider what he believes are his longevity secrets, aside from just exercising and eating well. Get enough sleepConsistently getting enough sleep is also important for longevity, Maroon said. AdvertisementQuality sleep is known to have a variety of health health benefits.
Persons: Joseph Maroon, , Maroon, ” Maroon, , Agnes Fenton, BI’s Gabby Landsverk Organizations: Service, Business, University of Pittsburgh Medical Center, Aviv Clinics, Aging Consortium, Research, World Health Organization, Blood Institute Locations: Aviv
Los Angeles CNN —After Ben Affleck appeared as a Dunkin’ drive-thru worker in a Super Bowl commercial last year, the breakfast chain’s sales exploded. “They sold more donuts the next day than any other day in their history,” an individual close to the Dunkin’ Super Bowl campaign told CNN. Affleck was paid close to $10 million dollars for last year’s Dunkin’ Super Bowl commercial, three sources with knowledge of the partnership told CNN. It’s rare for someone that you think of as a true movie star to be paid less than a million.”Most Super Bowl shoots are usually one to two days, the agent added. Even though we’ve got over 30 celebrities in the Super Bowl this year, we had over 70 offers.
Persons: Ben Affleck, Dunkin, , Affleck, ” Scott Murphy, Dunkin ’, Affleck’s Dunkin, Matt Damon, Larry David, Sam Bankman, David, Michael Lewis, Jennifer Aniston, , David Schwimmer, Uber, Chris Pratt, Pringles, Jason Momoa, Martin Scorsese, Tim Curtis, Peter DeLuca, Zach Braff, Donald Faison, John Travolta, Jennifer Beals, Tina Fey, John Cena, Usher, it’s, we’ve, Curtis, ” Curtis, “ You’ve, , Aniston, Schwimmer, Jelly Roll, David Beckham Organizations: Los Angeles CNN, Bowl, , CNN, Boston, Equity, Eastern Congo Initiative, Artists Equity, Super, Hollywood, WME, Mobile, Super Bowl, BMW, CBS Locations: Hollywood, Victoria
European markets are heading for a flat to lower open Monday as investors digested the latest comments from U.S. Federal Reserve Chairman Jerome Powell. In an interview with CBS' "60 Minutes" on Sunday, Powell said the central bank would likely move at a considerably slower pace on rate cuts than the market expects. Asia markets kickstarted their week largely lower after Powell's comments. U.S. stock futures were flat on Sunday evening as Wall Street looks to build on another positive trading week.
Persons: Jerome Powell, Powell Organizations: U.S . Federal, CBS Locations: U.S, Asia
Ticketholders will be the first to have access to the limited-edition cups, which will be available in both black and white. The Utah Jazz will be selling exclusive Stanley Quenchers emblazoned with the Jazz logo at the team's next home game against the Milwaukee Bucks on Sunday, February 4. The drop is part of a multi-year agreement between Stanley and the Jazz. Stanley is particularly popular in Utah. If Stanley's recent drops are any indication, the Jazz cups should be a hot commodity.
Persons: Stanley, Stanley Quenchers, Lainey Wilson, Joanna Gaines Organizations: Delta Center, Jazz, Utah Jazz, Milwaukee Bucks, Starbucks, eBay, HGTV Locations: Utah
Instead of descending into her loss in the song, Rodrigo stands atop of her anger, reclaiming her agency in the process. The single “vampire” is up for record and song of the year, as well as best pop solo performance. “GUTS” could take home album of the year or maybe best pop vocal album, and finally, her track “ballad of a homeschooled girl” is up for best rock song. “I love the Grammys so much!” Rodrigo told The Associated Press at the film academy's Governors Awards in Los Angeles earlier this month. “I think I read a lot more this year, and that definitely informed the writing process of 'GUTS,'" she says.
Persons: Olivia Rodrigo, , Rodrigo, ” Rodrigo, , — Kennedy, Joan Didion, Leonard Cohen, Leonard Cohen’s Organizations: ANGELES, Associated Press, University of Southern Locations: Los Angeles, University of Southern California
Pitt also got 16 points and six assists from Jaland Lowe and 11 points from Ishmael Leggett. In a loss that ended its eight-game win streak, Duke (13-4, 4-2) was powered by Jared McCain’s 20 points. Duke battled back, but it seemed like every time the Blue Devils grabbed the lead, Hinson was there to answer. When Duke trimmed the deficit to one point with 1:10 to play, Lowe swished a pull-up 3-pointer with Filipowski’s hand in his face. The Blue Devils have been outrebounded in each of their four losses.
Persons: — Blake Hinson, Hinson, Pitt, Jaland Lowe, Ishmael Leggett, Jared McCain’s, Kyle Filipowski, Caleb Foster, Kickstarted, Federiko Federiko, Duke, Lowe, Cameron Crazies, Jeremy Roach, , Mark Mitchell Organizations: Pittsburgh, Cameron, Panthers, Atlantic Coast Conference, Blue Devils, Duke, Devils, Georgia Tech, AP Locations: DURHAM, N.C, Louisville
The photo sparked a discussion about the changing nature of the internet and its slang. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. On December 19, an image of an early 2000s desktop computer blew up on X, formerly Twitter, as viewers looked back fondly on the early days of the internet . In what may have been a throwaway comment, one user suggested this could be the reason why the use of "brb" to mean "be right back" had seemingly disappeared. Responding specifically to the "brb" comment thread, Sarah said the concept was "blowing my fucking mind."
Persons: , @somefrogs.co, millennials, Sarah, I'm Organizations: Service, Business, AIM Locations: arm's
3D render Da-kuk | E+ | Getty ImagesJapan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. "It's not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now," said Toru Yoshikawa, a business professor at Waseda University in Tokyo. watch nowWith this move, the onus also falls on Japan's government to ensure steady and reliable returns from Japan's companies. Corporate governance pushMonday's disclosures will be based on information as of December and the releases will be a monthly affair. "If rival companies are doing great improvements in corporate governance, others will tend to follow that move."
Persons: It's, Toru Yoshikawa, Fumio, Yoshikawa, Warren Buffet, Yunosuke Ikeda, Goldman Organizations: Getty, Japan, TSE, Waseda University, The Tokyo Stock Exchange, kickstarted, Japan Inc, Nippon, Savings, Corporate, Tokyo Stock Exchange, CNBC, Toyota, Goldman Sachs Locations: Japan, Tokyo, Denso, Goldman Sachs Japan
watch nowA sharp drop in mortgage interest rates in December may have kickstarted this year's spring housing market early. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie Mae. "This significant shift in consumer expectations comes on the heels of the recent bond market rally," said Palim. "Notably, homeowners and higher-income groups reported greater rate optimism than renters." The average rate on the 30-year fixed has been on a wild ride since the start of the Covid pandemic.
Persons: Fannie Mae, Mark Palim, Ryan Paredes, Ariadna Paredes, Ryan Ratliff, Joe Raedle, Paul Legere Organizations: Max Advance Realty, Getty, . Washington , D.C Locations: Cutler Bay , Florida, . Washington ,
Meg Ryan has defended her son Jack Quaid from "nepo baby" criticism. AdvertisementMeg Ryan has defended her son Jack Quaid against claims that he's gotten his Hollywood career thanks to his famous parents. Meg Ryan and her son Jack Quaid photographed together in 2017. He's really good.' Jack Quaid as Hughie on season three, episode eight of "The Boys."
Persons: Meg Ryan, Jack Quaid, Jack, , he's, Ryan, Dennis Quaid, isn't, James Devaney, Dennis, Hughie Campbell, Oppenheimer, I've, Hughie, Thrillist Organizations: Service, New York Magazine Locations: Hollywood
Yann LeCun told Forbes the bot was treated like the "second coming of the messiah." ChatGPT's popularity sparked an AI arms race between big tech companies, including Meta. Yann LeCun, Meta's chief scientist, told Forbes ChatGPT was treated like the "second coming of the messiah" when it was released. AdvertisementThe bot's popularity set off alarm bells at Google and kickstarted an AI arms race between big tech companies. LeCun told Forbes the decision came from Zuckerberg following a "big internal debate."
Persons: Yann LeCun, , It's, OpenAI, Forbes ChatGPT, LeCun, Kendall Jenner, Meta Organizations: Forbes, Meta, Service, Zuckerberg
Supermodel Naomi Campbell holds time in her hand in a backstage image from the 2024 Pirelli calendar photoshoot. The 50th edition of the prestigious calendar is photographed by Ghanaian Prince Gyasi, the first Black photographer to receive the commission. Alessandro Scotti Gyasi directs actor Angela Bassett for the 2024 Pirelli calendar. Alessandro Scotti Gyasi (back to camera) frames his subjects, including artist Amoako Boafo (center). Alessandro Scotti Film director Jeymes Samuel receives an eye test and some direction from Gyasi during the Pirelli calendar photoshoot.
Persons: Prince Gyasi, Idris Elba, Angela Bassett, Pirelli, Naomi Campbell, Otumfuo Osei Tutu II, Ghana’s Asante, Marcel Desailly, Amanda Gorman, Margot Lee Shetterly, Gyasi, “ I’m, It’s, ’ ”, , Dali, , Ghanaian Prince Gyasi, Alessandro Scotti Idris Elba, Gysai, Alessandro Scotti Gyasi, Bassett, Oscar, Alessandro Scotti, Amoako Boafo, Desailly, Nana Osei Tutu II, Asante, Jeymes Samuel, Alessandro Scotti Angela Bassett, Alessandro Scotti Pirelli, wasn’t, ” Gyasi Organizations: CNN, Pirelli, Puma, Balmain, GQ, Alessandro Scotti Idris Elba braves, Alessandro Scotti Former France Locations: Elba, France, Ghanaian, Accra, Ghana, West Africa, Morocco, Tunisia, Botswana, Seychelles, Gyasi
AdvertisementAfter a year of trendsetting, Miu Miu has been named the top fashion brand of 2023 by Lyst. The underwear, which was shown on the Miu Miu runway with tights underneath, retails for $5,800 per pair. Victor Virgile/Getty ImagesAnd that's not the only underwear-related trend Miu Miu started this year. At the time of writing, searching "Miu Miu undie" on TikTok results in videos with more than 1.5 million views. AdvertisementA satin pair of the famous Miu Miu ballet flats.
Persons: Lyst, Miu Miu, , Miuccia, Prada, Miuccia Prada, Miu Miu's, Kendall Jenner, Olivia Rodrigo, Amy Sussman, Emma Corrin, Miu, Victor Virgile, Edward Berthelot Organizations: Service, Lyst, Paris, Target Locations: Italian, Paris
It's a disruption that Johnson — just two weeks into his job running the House — has said he wants to avoid. “We're running up against the clock on Nov. 17, and we're obviously aware of that,” Johnson said this week, referring to the date that government funding expires. Democrats have made it clear they will not support any funding packages that include policy wins for conservatives. Rep. Hakeem Jeffries of New York, who the Democratic leader in the House, said they would not “pay a single, right-wing ransom demand” as part of a funding resolution. Democratic lawmakers are also eager to play up the House Republican divisions and to pin any blame for a shutdown squarely on the new speaker and his GOP colleagues.
Persons: Mike Johnson, Johnson —, , Johnson, , ” Johnson, Kevin McCarthy, , Troy Nehls, Rep, Hakeem Jeffries, Steny Hoyer, Chuck Schumer, ” Schumer, ” Sen, Chris Murphy, Sen, Joe Manchin Organizations: WASHINGTON, House Republican, Louisiana Republican, Republican, Republicans, Treasury Department, Small Business Administration, House Republicans, Israel, Hamas, Democratic, GOP, Capitol, Ukraine, Democrats Locations: Washington, Louisiana, Texas, New York, , Ukraine, U.S, Mexico, United States, Connecticut
Meta prohibits generative AI tools for political ads
  + stars: | 2023-11-07 | by ( Brian Fung | ) edition.cnn.com   time to read: +2 min
A company spokesperson told CNN that Meta has updated its policies surrounding the advertising tools to restrict their use by ad campaigns that may be related to elections, politics and social issues. The generative AI features in question include a tool that can automatically propose changes to content that is uploaded by advertisers and that offers to improve an ad’s effectiveness. Other tools affected by the restrictions include one that creates product backgrounds and another that edits marketing text. In September, a bipartisan group of US senators introduced legislation to ban the use of so-called AI “deepfakes” from political ads. And in August, the Federal Election Commission kickstarted a process that could eventually regulate or prohibit the use of AI in political ads.
Organizations: CNN, Meta, Housing, Employment, Health, Pharmaceuticals, Financial Services, Reuters
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